Manufacturing

38% of global corporates currently do or plan to manufacture-source from India India will be a key driver of global trade growth, with its exports projected to grow at an average annual rate of 7.6% to reach US$564 billion by...

Tai-Goyal welcome private sector collaboration in both countries The United States and India expect bilateral merchandise trade in the current year to surpass US$100 billion mark, having recorded almost 50% on the year growth in Jan-Sept 2021. Highlighting prospects at...

Minister sanctions Rs.120cr for research on drones Minister of Heavy Industries Dr. Mahendra Nath Pandey has called on the Automotive Research Association of India (ARAI) to develop technology to reduce the battery charging time for electric vehicles, adding that about...

MeitY optimistic of private sector’s financial and employment support in skilling The electronics industry is on a "runway to US$300 billion (a year) market" and the Government stands aligned with the manufacturers to reach the goal, Rajeev Chandrasekhar, Minister of...

Mumbai company to boost Ayurvedic production Ratan Tata-backed Bombay Hemp Company Pvt Ltd (BOHECO) is discussing with various Canadian companies and entrepreneurs strategic investments and is expecting to make further announcements in the weeks ahead. “We are currently in discussions...

PLI has received positive feedback, says Goyal The Government aims to double its exports of auto components to US$30 billion by 2026 from the current US$15 billion, Commerce and Industry Minister Piyush Goyal said at the reviews of work of...

Dahej gets Rs.405cr Hydrazine Hydrate plant Gujarat Alkalies and Chemicals Limited (GACL), Vadodara, and CSIR-Indian Institute of Chemical Technology, (CSIR-IICT), Hyderabad, have developed indigenous environment friendly technology to manufacture super speciality chemical Hydrazine Hydrate (H6N2O). Based on this indigenous and...

Goyal says sentiments changed to 'We must be in India!' Commerce and Industry Minister Piyush Goyal says India has the right ingredients for the Multi-National Corporations (MNCs) to help them become more competitive at global level. He also highlighted the...

New Vizag plant to help reduce India's sulphuric acid imports Coromandel International Limited (BSE: 506395) (NSE: COROMANDEL), the country's second largest Phosphatic fertilizer player and part of Murugappa Group, is investing Rs.400 crore in a new 1,650 Metric Tonnes per...

Online bidding will be held under QCBS mechanism Around 100 participants from about 20 companies have attended the Ministry of Heavy Industries (MHI) pre-bid conference on 12 Nov 2021 under the ACC Production Linked Incentive (PLI) scheme and a response...